Eight years after its initial launch as Korea’s first luxury brand, a total of 1,008,804 Genesis cars have been sold around the world; G80 saloon best-selling model with over 390,000 units sold; strong growth in the past two years after entry into Europe
18 Sep 2023 | 4712 Views | By Autocar Professional Bureau
The Genesis luxury car brand from Hyundai Motor Group is celebrating one million global car sales. Over 690,000 cars have been sold in Korea so far and almost 320,000 units to customers globally. The brand has surpassed the million-unit milestone less than eight years after its initial launch as Korea’s ...
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The Genesis luxury car brand from Hyundai Motor Group is celebrating one million global car sales. Over 690,000 cars have been sold in Korea so far and almost 320,000 units to customers globally. The brand has surpassed the million-unit milestone less than eight years after its initial launch as Korea’s first luxury brand in November 2015.
Genesis had its global debut in 2015 with the first-generation G90 saloon, previously the EQ900, where 384 units were purchased that year. However, as further models were introduced, such as the G70, G80, GV70 and GV80, Genesis went on to sell 65,585 units by the end of 2016 and an impressive 132,450 cars in 2020 alone, surpassing the 100,000 annual global sales mark for the first time.
Notably, over 500,000 of Genesis’ 1,008,804 cars have been sold in the last two years, coinciding with Genesis’ expansion into Europe. In total, the brand operates across 17 different markets across several global regions, including its home market of Korea, the United States, Canada, the Middle East, Australia, Europe, and China.
“In less than a decade, Genesis has performed beyond all expectations, delivering a million vehicles to customers around the globe. This global success and our worldwide achievements have provided us with a formidable springboard for Europe and laid a solid foundation since launching here just over two years ago. Our commitment to delivering premium cars, defined by cutting-edge technology and innovative design, is resonating with our European customers and we look forward to continuing to expand in this market,” commented Lawrence Hamilton, Managing Director for Genesis Motor Europe.
He added: “In Europe, Genesis has proven to be a hugely effective disrupter in the luxury premium segment with its award-winning range of vehicles and exceptional customer service that has been driven by the ‘Genesis difference’ philosophy. Moreover, with three exciting electric models already on sale and more to come, the future of our brand has never looked brighter as we move towards our goal of becoming a fully electric brand by 2025 and carbon net zero by 2035.”
G80 the best-selling Genesis model
Genesis sales through to the end of 2022 have remained balanced between SUV and passenger models, however, G80 remains the best-selling model across the Genesis range, with global sales of 390,738, for both the petrol and electric versions.
Introduced in 2016 and succeeded by an all-new model in 2020, the luxury saloon was also the first Genesis model to go on sale in Europe, alongside the GV80 SUV in 2021. The GV80 was Genesis’ first SUV and, alongside the GV70 has recorded cumulative sales of 173,882 units and 160,965 units respectively.